Indigo Capital’s fifth fund has provided mezzanine to support the acquisition by Rutland Partners, the UK private equity partnership, of the CeDo group of companies (“CeDo”) from DELTON AG, Bad Homburg / Germany (“Delton”). The transaction was announced on 29 July 2009 and was conditional on merger control clearance which has now been received.

CeDo is one of Europe’s leading manufacturers of household disposables, manufacturing both own-label and proprietary products such as refuse sacks, bin liners and other speciality kitchen and household disposable products including nappy sacks, cling film and aluminium foil. It holds strong supply relationships with the majority of Europe’s largest supermarkets and discounters.